Item 5.07 Submission of Matters to a Vote of Security Holders.

On April 21, 2021, the stockholders of Splash Beverage Group, Inc. (the "Company") representing a majority of the voting power of the outstanding capital stock of the Company, in lieu of a special meeting of the stockholders, approved by written consent, (i) an amendment to the Company's Articles of Incorporation , as amended (the "Articles of Incorporation"), to increase the Company's authorized shares of common stock, no par value (the "Common Stock") from 150,000,000 shares of Common Stock to 250,000,000 shares of Common Stock, and (ii) an amendment to the Articles of Incorporation to effect a reverse stock split of the Corporation's issued and outstanding shares of common stock by a ratio of not less than 1-for-1.5 and not more than 1-for-10 (the "Reverse Stock Split").

This action may be taken in conjunction with the listing of the Company's Common Stock on a national exchange.

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